SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : DROOY Durban Deep- Best S. African Mine

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TATRADER who wrote (237)9/23/1999 1:32:00 AM
From: baystock  Read Replies (1) of 851
 
<<May be wrong, but looks to me like smart marketmaker accumulating as many shares as possible and keeping a lid on price until he is done...>>

You may be right, but I am more inclined to believe the lid is the 15 million new shares DROOY is issuing tomorrow. The price of these new shares is the previous 30 day average.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext